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A Chinese-Moroccan joint venture, Cobco, announced on Wednesday, June 25, 2025, the inauguration of a new factory in Morocco for electric car battery components.
This marks a significant step for the North African country, being the first of its kind in the region.
Cobco is a partnership between Al Mada, the Moroccan royal family’s holding company, and Chinese firm CNGR Advanced Materials.
The complex is projected to eventually achieve a production capacity equivalent to 70 GWh per year, sufficient to equip approximately one million electric vehicles annually.
The initial phase of the project will focus on producing nickel-manganese-cobalt precursor cathodes, which are vital components for batteries used in electric vehicles and stationary energy storage.
The full venture is planned to include three “complementary” projects, one of which will involve a facility for refining critical metals and recycling old batteries.
China is a global leader in electric vehicle battery production, while Morocco has been significantly investing in renewable energy.
Currently, renewable sources account for 38% of the electricity produced in Morocco, though other sources indicate this figure was around 24% in 2024 with a target of 52% by 2030.
This factory leverages Morocco’s growing renewable energy capacity and its strategic location to contribute to a low-carbon battery value chain.